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Earnings (Loss) Per Share (Tables) | 3 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Reconciliation of Basic and Diluted Earnings (Loss) Per Share | The following is a reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share computations (000, except per share data):
| Three Months Ended September 30, |  |
| 2024 |  | 2023 |  |  |  |
Numerator |  |  |  |  |  |  |
Net earnings (loss) attributable to Coherent Corp. | $ | 25,887 |  |  | $ | (67,534) |  |  |  |  |
Deduct Series B dividends and deemed dividends | (31,833) |  |  | (30,173) |  |  |  |  |
Basic loss available to common shareholders | $ | (5,946) |  |  | $ | (97,707) |  |  |  |  |
Diluted loss available to common shareholders | $ | (5,946) |  |  | $ | (97,707) |  |  |  |  |
Diluted weighted average common shares | 153,626 |  |  | 150,328 |  |  |  |  |
Basic loss per common share | $ | (0.04) |  |  | $ | (0.65) |  |  |  |  |
Diluted loss per common share | $ | (0.04) |  |  | $ | (0.65) |  |  |  |  |
Schedule of Potential Shares Excluded from Calculation of Diluted Net Loss Per Share | The following table presents potential shares of common stock excluded from the calculation of diluted net loss per share, as their effect would have been anti-dilutive (000):
| Three Months Ended September 30, |  |
| 2024 |  | 2023 |  |  |  |
Common stock equivalents | 4,944 |  |  | 2,337 |  |  |  |  |
Series B Convertible Preferred Stock | 28,563 |  |  | 27,176 |  |  |  |  |
Total anti-dilutive shares | 33,507 |  |  | 29,513 |  |  |  |  |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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